The Week Ahead: Decision Time Has Arrived!
From Econintersect Combined RSS Feed
December 23, 2012 - 12:38am
by Jeff Miller, A Dash of Insight
After many months of debate, sparring, and posturing, the deadline has arrived for U.S. policymakers to resolve the various matters that are popularly described as the "fiscal cliff." This is a handy simplification. In the finest American tradition it allows everyone to have an opinion whether or not they have any information!
The average person knows only that something really bad is about to happen, and it will send taxes higher. Observers in other parts of the world see the U.S. as unable to address major problems while still offering plenty of advice to every other country. Many of the media sources are unable to distinguish between political commentary and analysis of developments.
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